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Off market
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  • Price Unknown

    18 Poplar St, Waterbury, CT 06708

    12beds
    5,124sqft
    MultiFamily
    Built in 1885
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,006 Estimated rent

    What's special

    This is a six unit investment opportunity with an 11.5+% CAP rate in Town Plot - corner lot across from the school The property consists of all 2 bed/1 bath units. There are various unit updates throughout, including flooring, kitchens and baths. The utilities are all separate & tenant paid. The 1st two floors have gas H&HW, the 3rd floor is electric H&HW. The electric is fully updated with separate panels. This property can be purchased with other assets in the Waterbury area as well - ask for details. Value add opportunity to increase rents. Plus, 5 car-detached garage in back - rent out for additional income. 17+% CAP proforma. This is a great opportunity to own a property with great cash flow + NOI of $43k + Property needs work, will convey as-is.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Electric, Gas
    Features
    • Basement: Unfinished, Full
    Interior area
    • Total interior livable area: 5,124 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Patio & porch: Porch
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 7,405 sqft
    • Features: Corner Lot
    Details
    • Zoning: RH

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side, Units on different Floors
    Condition
    • Year built: 1885

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Waterbury

    HOA & financial

    Other financial information
    • Total actual rent: 245000

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Baseboard, Electric, Natural Gas
    • GarageYN: true
    • Basement: Unfinished, Full
    • Zoning: RH
    • AssociationYN: 0
    • HeatingYN: true
    • Roof: Flat
    • NumberOfUnitsTotal: 6
    • ConstructionMaterials: Frame, Vinyl Siding
    • CurrentFinancing: Other
    • LotFeatures: Corner Lot
    • NumberOfUnitsInCommunity: 6
    • Cooling: Window Unit(s)
    • FoundationDetails: Stone, Masonry
    • ParkingFeatures: Driveway, Detached Garage
    • GrossIncome: 45600
    • PatioAndPorchFeatures: Porch
    • CommunityFeatures: Park, Walk to Bus Lines, Public Pool, Public Transportation, Commuter Bus
    • YearBuiltSource: Public Records
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • TotalActualRent: 245000.00
    • ArchitecturalStyle: Units are Side-by-Side, Units on different Floors
    • MlsStatus: Show
    • NetOperatingIncome: 28431
    • OperatingExpense: 14889
    Services availability